PYMNTS

OCTOBER 1, 2019

Accounts receivable automation firm Invoiced is adding new features to its solution, including support for recurring payments and enhanced cash flow forecasting for CFOs. “These new features and many others further distinguish Invoiced as a true, end-to-end platform, and set us apart from more narrowly focused products and tools.”

Invoicing 43

Invoicing Cash Flow Forecasting Forecasting Compliance 43

PYMNTS

JANUARY 24, 2021

One facet of helping with compliance is the automatic recording of journal entries. The new version supports accounting for multiple companies working in multiple currencies, among other aspects, the report stated. India uses its Invoice Registration Portal to track business activity and ensure compliance with tax laws.

Accounting 71

Accounting Compliance Invoicing Currencies 71

PYMNTS

JULY 13, 2016

The advent of the cloud — with its ability to be flexible and changeable at a moment’s notice, helping enterprises track the cash flow cycle as they branch out into new locales — means that tracking currencies has become a much more intuitive process.

Currencies 40

Currencies B2B Treasury Invoicing 40

Global Finance

JUNE 6, 2024

The project’s deployment required the collaborative efforts of several bank departments, including business, legal, compliance, engineering, security and IT, as well as outside technology vendors Metaco and Avaloq. It delivers payments directly to a worldwide workforce, without bank processing or currency conversion fees.

Construction 109

Construction Compliance Cash Management Treasury 109

PYMNTS

NOVEMBER 20, 2020

While expanding internationally is the easy part, the challenge often comes in the back-office financials like invoicing , cross-border payments, accounting and reconciliation. The challenges of international financial workflows don't end once a payment is received and currency conversion occurs, either. Cross-Border Headaches.

Mergers and Acquisitions (M&A) 61

Mergers and Acquisitions (M&A) Foreign Exchange Reconciliations Currencies 61

PYMNTS

APRIL 14, 2020

New laws like California’s Assembly Bill 5 (AB5) and many others have also created new compliance hurdles for companies employing gig workers that must be managed. The resulting slower payments and invoicing can give ad-hoc workers less reliable payment schedules than full-time employees, exacerbating financial struggles.

Invoicing 89

Invoicing Compliance Currencies Marketing 89

PYMNTS

FEBRUARY 5, 2020

For the companies that pay these workers, sometimes globally and across currencies, managing accounts payable (AP) processes is quickly becoming a complex endeavor. As the traditional payroll functions recede into the background, handling huge volumes of invoices — for platforms, that can mean thousands of invoices — becomes unwieldy.

Invoicing 61

Invoicing Accounts Payable Foreign Exchange Currencies 61

PYMNTS

JULY 28, 2020

This month’s Deep Dive examines how eCommerce platforms can appeal to merchants worldwide by catering to sellers’ preferences and tailoring their compliance approaches to different locations. . Domestic Seller Currencies. Sellers can also struggle to swiftly reconcile payments in currencies that do not match those listed on invoices.

Marketing 63

Marketing Currencies eCommerce Compliance 63

PYMNTS

JANUARY 27, 2020

Stories of gig workers hounding clients for past-due invoices (and getting burned) are baked into gig work lore. This inaugural edition of the PYMNTS Gig Economy Tracker® looks not only at the humanity behind the stats, but also examines how FIs and others are catering to a huge, ascendant workforce whose impact is only now becoming clear.

Accounts Payable 88

Accounts Payable Invoicing Compliance Currencies 88

PYMNTS

MAY 18, 2017

Many payment providers are set up to aid transactions on a low value, low volume basis, Althaus said, “but as the size of cross-border payments gets into the thousands, tens of thousands and hundreds of thousands of dollars, this opens up a whole other level of complexity from the view of compliance” and the process of moving money.

Invoicing 59

Invoicing B2B Reconciliations Currencies 59

PYMNTS

APRIL 7, 2019

“The enhancements improve the payment-to-settlement time, increase security and reduce costs for both payers and receivers by further automating and streamlining reconciliation of the growing number of international payments coming from different countries in different currencies,” the company said.

Reconciliations 62

Reconciliations Currencies Invoicing Compliance 62

PYMNTS

MAY 6, 2020

The new additions will incorporate the influence of Sage’s new acquisitions AutoEntry and CakeHR, and will add recurring invoices, bank rules and more industry coverage with CIS compliance capability. The recurring invoices and bank rules will add more automation that Sage says makes the technology flow smoother for small businesses.

Accounting 56

Accounting Invoicing Compliance Currencies 56

Global Finance

OCTOBER 11, 2024

trillion in extended credit and new capital for its consumer and institutional clients while moving $10 trillion in over 120 currencies daily. At the same time, UBS teams in Asia, the Middle East,and Latin America have kept working relentlessly to improve the bank’s digital offering for emerging market currencies.

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

MARCH 11, 2020

While QuickBooks is piloting card payments on invoices powered by PayPal , Airwallex is readying the launch of its own corporate card — both physical and virtual — designed to enable cross-border payments. B2B FinTechs are once again showing off the versatility of the corporate card. Airwallex Readies B2B X-Border Card.

B2B 52

B2B Invoicing Startups Compliance 52

PYMNTS

AUGUST 18, 2017

Israch said that tasks as far ranging as supplier management, invoice processing and regulatory compliance can be managed through Tiaplti’s AP Hub. CMO Rob Israch describes the AP Hub as a central place where every aspect of payments is brought into one central cloud-based location. and overseas.”.

Accounts Payable 46

Accounts Payable Invoicing Compliance Auditing 46

Bramasol

FEBRUARY 28, 2023

An EMS is effectively a bridge between sales and provisioning, with linkage to backend accounting and revenue compliance systems. They don't want to worry about or deal with the inherent complexity required in the backend to assure provisioning, delivery and associated revenue compliance issues.

SAP 71

SAP Compliance Transportation Entertainment 71

PYMNTS

FEBRUARY 21, 2020

As a result, understanding whether a contract is in compliance, and how to compensate that payer, can be a maze of complexity and uncertainty. As those partnerships expand across borders, the added difficulty of managing foreign currency conversions and mitigating FX risk can quickly overwhelm AP departments.

B2B 65

B2B Accounts Payable Invoicing Advertising 65

PYMNTS

MAY 22, 2018

Earlier this month, the company announced a new international invoicing service that can streamline the billing process for companies serving customers outside of their home countries. For most companies, domestic billing is easy. Since June 2017, Flywire ’s U.K. team has grown by 25 percent, with plans to double in the near future.

Reconciliations 52

Reconciliations Invoicing Education Compliance 52

PYMNTS

JUNE 17, 2020

For joint business customers, the ability to make payments via BNP Paribas virtual cards from within the Coupa Business Spend Management platform aims to streamline the supplier payment process and promote compliance by automatically submitting virtual card information to authorized vendors.

Reconciliations 67

Reconciliations Accounts Payable B2B Risk Analysis 67

The Finance Weekly

APRIL 13, 2024

This includes tracking past financial activities, ensuring compliance and reporting, as well as forecasting future financial scenarios for better budgeting. Users can effortlessly monitor spending and cash movements, tailor invoices, and compile reports and receipts efficiently in a single location.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Invoicing Budgeting 52

PYMNTS

MARCH 17, 2017

The TOM Innovation Exchange is a project using blockchain technology to specifically make the insurance claims process more streamlined, through automating claim creation, supporting documents and invoice creation, alongside approval or rejection of invoices. Most of these relate to identity plus compliance (i.e.

Invoicing 50

Invoicing Compliance Currencies Technology 50

PYMNTS

AUGUST 3, 2016

The business of cross-border domain name trading can be beset with compliance issues and confusing billing systems. Another priority was compliance, as the company had to be sure that it was trading appropriately. Instra buys its products from all over the world and transacts in many different currencies. Compliance.

Compliance 40

Compliance Currencies Prioritization Invoicing 40

PYMNTS

OCTOBER 10, 2019

That’s because the relationships between manufacturers and their suppliers can span a broad range of payment types and currencies as transactions cross borders. The longer the supply chain, the higher the number of regulatory and compliance hurdles. percent of invoices are still delivered via fax machine and 72.4

Manufacturing 46

Manufacturing Invoicing eCommerce Sales 46

PYMNTS

DECEMBER 12, 2017

The offering focuses on secure B2B payments and ensuring that companies are in sync with regulatory and compliance mandates in each new region they enter. For those firms trafficking in physical goods across borders in eCommerce, managing shipping costs is paramount, and those costs are paid in local currencies.

Invoicing 41

Invoicing Currencies B2B eCommerce 41

PYMNTS

MARCH 16, 2017

Althaus explained that, across industries and across company size, businesses essentially experience the same pain points of international accounts receivable: visibility, speed, cost, complexity and compliance. Sometimes it’s the fact that maybe an invoice was short-paid. It could happen for a variety of reasons,” said Althaus.

B2B 43

B2B Marketing Compliance Invoicing 43

PYMNTS

MARCH 16, 2018

Transparency is key, but often is lacking – in part because of far-flung parties, which include both sides of a transaction (buyer and seller, of course) that may be operating across time zones, languages and currencies. Frequently, there are intermediaries involved with financing. The goal of bBiller is to bring that tally down to $1.50

Invoicing 49

Invoicing SAP Manufacturing Startups 49

PYMNTS

NOVEMBER 16, 2017

Wu said the company had to coordinate with the vendor, figure out international shipping and logistics and navigate the challenges of cross-border payments and foreign currency. “It Different vendors wanted to be paid through different methods and in different currencies. It was a nice crash course early on,” Wu said.

Compliance 46

Compliance Math Currencies Startups 46

PYMNTS

FEBRUARY 28, 2018

The whole point of startups is to do things differently than mainstream players, and that is exactly what these companies are doing with automation, interoperability and digital currency initiatives. A PO matching process ensures a PO has already been established and approved for the vendor before an invoice is even received.

Startups 40

Startups Currencies Accounts Payable Invoicing 40

PYMNTS

APRIL 30, 2020

These platforms enable merchants to integrate with a variety of localized payment methods and also receive services that support payments analysis, regulatory compliance and more. Today, we offer 22 different payment methods and accept eight different currencies to meet local preferences.”.

eCommerce 52

eCommerce Invoicing Compliance Currencies 52

PYMNTS

SEPTEMBER 16, 2019

Consumers do not want to encounter any friction when it comes to reoccurring payments, whether that means merchants not accepting their preferred payment method or going through the hassle of currency conversion. The move will let HubSpot clients better view and generate invoices, enabling faster payments and transactions.

Currencies 49

Currencies eCommerce Invoicing Compliance 49

PYMNTS

JUNE 18, 2019

” That lack of visibility makes managing currency vendors, and sourcing new suppliers, a highly manual task that “seriously impede[s] transparency, speed and the ability to drive a more strategic agenda for procurement,” continued Galbraith.

Compliance 50

Compliance Securities Invoicing Currencies 50

PYMNTS

JULY 31, 2017

Considering SMEs the world over are struggling with adopting electronic payments and invoicing, Indian companies are certainly facing a challenge. Cash, in the form of currency notes on hand, does not really help anyone,” Krishnan recently told PYMNTS. “It It is a non-productive depreciating asset.”. “GST

Invoicing 40

Invoicing B2B Accounts Payable Cash Management 40

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. AvidXchange.

Startups 43

Startups Compliance Accounts Payable Invoicing 43

PYMNTS

FEBRUARY 19, 2018

And, as those same companies bring business and currency across borders, their supply chains lengthen and transactions transverse currencies, languages and any number of regulatory hurdles. On top of that, the regulators are putting a heavier hand on tax compliance” and other daily minutiae of doing business.

Auditing 51

Auditing Accounts Payable Currencies Accounting 51

The Finance Weekly

APRIL 28, 2024

Also, the subscription service comes with cool features such as follows: Keeping tabs on inventory Sorting out your books Sending out invoices smoothly Managing payroll Dishing out financial reports Linking up with other apps for a seamless workflow Plus, you can share access with different permissions for your team.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Invoicing Budgeting Finance 52

PYMNTS

AUGUST 17, 2018

Goldman Sachs and Nyca Partners led the round, while Andreessen Horowitz, Citi, Coatue Management, Digital Currency Group, F-Prime Capital, Franklin Templeton Investments, JPMorgan, NEX Group, Wells Fargo and Y Combinator also participated — a list that clearly shows traditional financial institution (FI) interest in Axoni’s technology.

B2B 40

B2B Startups Auditing Invoicing 40

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. AvidXchange.

Startups 40

Startups Compliance Accounts Payable Invoicing 40